FOR SALE
$649,000+

8 Ranfurly Street
Newtown QLD 4350

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Land area: 690m2
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Updated Timber Returning $830per week on 690m2

Positioned in a sought-after Newtown location central to the CBD, major Shopping Centers, Schools, Parks and public transport on a fenced 690m2 allotment with the potential to build a second dwelling in the rear yard subject to Toowoomba Regional Council Approval, 8 Ranfurly Street which is currently being leased per room for a combined $830per week with scope to increase, is the ideal opportunity for the investor looking for a high yielding property with development potential.
Features Include: -
- Currently rented per room at a combined $830per week with scope to increase
- 690m2 allotment with potential to build second dwelling subject to TRC approval
- Property recently fully updated internally including 4 x new air-conditioners
- Four bedrooms, front entrance/sitting area, modern kitchen with separate dining
- Modern bathroom, second shower incorporated into the laundry, 2 x toilets
- Property is fully furnished throughout, furnishing included with the property
- Central to CBD, major Shopping Centers, Schools, Parks and public transport

Property Details for 8 Ranfurly St, Newtown

8 Ranfurly St, Newtown is a 4 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 690m2. The place is currently for sale with myhouse realty Toowoomba .

Building Type
House
Land Size
690m2

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About Newtown 4350

The size of Newtown is approximately 5.5 square kilometres. It has 15 parks covering nearly 15.4% of total area. The population of Newtown in 2011 was 9,564 people. By 2016 the population was 9,587 showing a population growth of 0.2% in the area during that time. The predominant age group in Newtown is 20-29 years. Households in Newtown are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Newtown work in a trades occupation. In 2011, 55.1% of the homes in Newtown were owner-occupied compared with 52.3% in 2016.

Newtown has 5,366 properties. Over the last 5 years, Houses in Newtown have seen a 90.12% increase in median value, while Units have seen a 97.49% increase. As at 31 October 2024:

  • The median value for Houses in Newtown is $566,755 while the median value for Units is $435,631.
  • Houses have a median rent of $470 while Units have a median rent of $390.
There are currently 33 properties listed for sale, and 26 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 302 properties were sold in the past 12 months in Newtown.

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Michael Brown
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Joe Ryan
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myhouse realty Toowoomba
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